What are entry and exit loads?

What are entry and exit loads?

Entry Load is a charge paid by the investor at the time of the initial stage of investment purchase to the mutual fund company. The entry load is usually deducted from the investment amount, reducing the quantum of investment. In India, entry load is zero. 

Exit Load is a charge paid by the investor for selling mutual fund shares before the fixed time period. The commission is a percentage of the share’s value that is being sold. The return earned on selling the investment is reduced as the exit load is charged from the NAV. Exit load is different for different schemes 

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